Latest News From Feed Costs

Muddy harvest, but dry corn silage
Muddy harvest, but dry corn silage

Dairy farmers across the Midwest are struggling with corn harvest, battling rainy days and muddy fields as corn silage continues to dry down. Rainfall totals have exceeded 2" or more beyond normal amounts.

Summer heat may have set bar too high for U.S. corn
Summer heat may have set bar too high for U.S. corn

As harvest looms, the ag market keeps obsessing over the question of whether U.S. corn make the U.S. Department of Agriculture's current target yield of 175.1 bushels per acre.

Pro Farmer U.S. 2016 corn and soybean crop estimates
Pro Farmer U.S. 2016 corn and soybean crop estimates

These estimates are based on assumptions for normal weather through September. With a normal finish to the growing season, the soybean crop stands to benefit more from weather than corn. Rains rolled across the Corn Bel

Crop Tour: Corn yields, soy pod counts below year ago in Minnesota
Crop Tour: Corn yields, soy pod counts below year ago in Minnesota

Corn yield potential and soybean pod counts in Minnesota were above average but lower than 2015, scouts on an annual tour found on Thursday.

Crop Tour: Iowa corn yields, soy pod counts seen up from last year
Crop Tour: Iowa corn yields, soy pod counts seen up from last year

The Pro Farmer Midwest Crop Tour on Thursday estimated corn yields in the top growing state of Iowa at 188.17 bushels per acre, up from 180.25 bpa last year and the three-year crop tour average of 176.98 bpa.

Interpreting results from the Pro Farmer Midwest Crop Tour
Interpreting results from the Pro Farmer Midwest Crop Tour

This week, the agriculture market has been fixated on the army of folks scattered all over the Midwestern United States to observe the corn and soybean crops first-hand.

Crop Tour: Illinois corn, soy fields impressive but may be short of record
Crop Tour: Illinois corn, soy fields impressive but may be short of record

Soybean and corn fields across central Illinois look headed for impressive harvests in the coming weeks, but the crops could yield slightly less than the record-large hauls seen in the last few years, scouts on an annua

Oat and pea forage combinations
Oat and pea forage combinations

The maturity of forage pea and oat varieties, relative to each other, makes a difference in the final quality of harvested forage.

Corn conditions improve (again)
Corn conditions improve (again)

Seventy-five percent of the nation's corn crop is in good or excellent condition according to the USDA's latest Crop Progress report, compared to 74% last week and 69% in 2015.

July western Corn Belt dairy budgets looking up
July western Corn Belt dairy budgets looking up

Dairy budgets calculated by Robert Tigner, a University of Nebraska Extension dairy educator, shows improving bottom lines for dairy farmers in the Western Corn Belt. But only the very best, those producing 24,000 lb/co

Grain markets seen trending upward
Grain markets seen trending upward

Skepticism over record-breaking crop production estimates explains why the market shrugged off the "hugely bearish" USDA Aug. 12 report, according to Jack Scoville of the Price Futures Group.

A Double Whammy: Weather and milk price
A Double Whammy: Weather and milk price

The last several months Pennsylvania dairy producers have received less than $16/cwt for their milk. The average breakeven milk price on many farms hovers around $18 to $19/cwt, so right now producers are hurting financ

Can U.S. corn actually pull off 175 bushels per acre?
Can U.S. corn actually pull off 175 bushels per acre?

Last Friday, the agriculture market was hit with the news that big yields will make the world's largest corn crop significantly larger in 2016.

Soybeans firm on strong export demand, wheat weak
Soybeans firm on strong export demand, wheat weak

Chicago soybeans rose on Wednesday as strong demand, especially from top importer China, outweighed prospects for a massive U.S. soybean harvest this year.

Wheat rises on short-covering; soybeans weaken
Wheat rises on short-covering; soybeans weaken

U.S. wheat futures firmed on Tuesday, with a falling dollar spurring a mild round of short-covering in the beaten-down market, traders said.

WASDE: Corn price forecast drops again
WASDE: Corn price forecast drops again

The projected range for the season-average corn price received by producers is lowered 25 cents on both ends to $2.85 to $3.45 per bushel. This would be down 45 cents at the midpoint from the $3.55 to $3.65 per bushel r

Could corn be overpriced?
Could corn be overpriced?

As growers know, corn has slid in recent weeks. After December corn topped out at $4.49 in June, the market was at $3.51 on Wednesday morning, according to Joe Vaclavik of Standard Grain. All eyes are on carryout, and t

Tracking forage quality at harvest, is it worth the effort?
Tracking forage quality at harvest, is it worth the effort?

Here at Miner Institute our silage packer Henry takes multiple hand grab samples of each field that goes into the bunker. This is for all cuttings, hay crop and corn silage. We've found value in tracking forage qu

Corn extends losses into fifth session
Corn extends losses into fifth session

U.S corn fell for a fifth consecutive session on Wednesday as favorable weather forecasts added to expectations of bumper supplies.

Pursue profits, consider locking in grains
Pursue profits, consider locking in grains

Livestock producers should find optimism in feed price projections following last Thursday's USDA Acreage and Stocks reports. The releases are proving bearish for corn, which provides new opportunities for feed bu

Feed buyers should consider locking in grains
Feed buyers should consider locking in grains

Livestock producers should find optimism in feed price projections following Thursday's USDA Acreage and Stocks reports. The releases are proving bearish for corn, which provides new opportunities for feed buyers

5 Points to Help Assure Forage Inoculant Performance

Applying a forage inoculant to a crop at harvest requires a leap of faith, as the producer will not see the resulting silage until it is opened weeks, or even months, later.

Corn Belt is a mixed bag of corn conditions
Corn Belt is a mixed bag of corn conditions

According to the USDA's latest Crop Progress report, 75% of the country's corn is in good or better condition - unchanged from last week's report.<p></p> Looking at individual states, conditions ar

3 reasons why corn acres could rise in June 30 Acreage report
3 reasons why corn acres could rise in June 30 Acreage report

Most analysts think we will see a surge in soybean acres, but Ted Seifried of Zaner Ag Hedge thinks corn acres could actually grow.

The best corn conditions in the country are in‚...
The best corn conditions in the country are in‚...

‚...the Northern Corn Belt, according to the USDA's latest Crop Progress report.

Thinking about forage quality?
Thinking about forage quality?

Livestock production depends largely on the feeding program, and what you should feed your animals will depend on forage quality analyses.

Ensiling Carinata Meal with Forage: An option to decrease the glucosinolate content
Ensiling Carinata Meal with Forage: An option to decrease the glucosinolate content

Recent research results from the SDSU Dairy Science Department indicated that carinata meal (CRM) is highly degradable in the rumen and is a comparable protein source to soybean meal and linseed meal in total digestibil

Corn conditions on par with 2015
Corn conditions on par with 2015

According to the USDA's latest Crop Progress report, attention has turned to corn conditions as planting is now all but wrapped up and more than 75% of the 2016 crop has emerged.

Dairy faces 'painful' 2016 summer
Dairy faces 'painful' 2016 summer

Lower feed prices and higher equity for producers are two factors that make today's market conditions more favorable than six years ago, says Mike North, Commodity Risk Management Group. Nonetheless, challenges co

Feed prices rise, squeezing margins
Feed prices rise, squeezing margins

Recent increases in both corn and soybean meal prices and expected declines in milk prices mean dairy margins will continue to be squeezed this summer.

Soybeans, corn dip for 2nd day on fund selling, wheat steadies
Soybeans, corn dip for 2nd day on fund selling, wheat steadies

U.S. soybeans fell again on Wednesday, pulling back from their recent rally sparked by concerns over serious rain damage to Argentina's crop, while corn touched a one-week low on selling pressure.

U.S. grain market to stay on wild ride this year?
U.S. grain market to stay on wild ride this year?

The Chicago grains market's wild ride of the last few weeks may be a recurring theme this year, especially given the weather outlook for the summer growing season.

Soybeans hit 15-month top on Argentina's crop woes, fund buying
Soybeans hit 15-month top on Argentina's crop woes, fund buying

U.S. soybean futures climbed to their highest in more than 15 months on Tuesday, rising a third straight session as crop-damage in Argentina and fund buying drove prices higher.

Corn eases after April rise, dry spell to boost U.S. planting
Corn eases after April rise, dry spell to boost U.S. planting

U.S. corn edged lower on Monday as the expected return of dry weather was seen as boosting progress on planting, placing the focus on ample supplies after a steep price rally last month.

Top 5 dairy states vary in production, feed cost and income over feed cost
Top 5 dairy states vary in production, feed cost and income over feed cost

In 2015, over half of the milk produced in the U.S. came from five states: California, Wisconsin, Idaho, New York, and Pennsylvania. These states have accounted for over 50% of U.S. milk production annually for the last

Remove inconsistency from your ration
Remove inconsistency from your ration

Forage and grain make up the ration; uniformity is the critical ingredient

Soybeans prices weaken as Argentina rains abate
Soybeans prices weaken as Argentina rains abate

U.S. soybeans were lower on Thursday as drier weather in Argentina after the recent deluge inspired a bout of profit taking, while corn and wheat edged higher on a softer dollar.

The new era of corn and soybean prices is still alive and kicking
The new era of corn and soybean prices is still alive and kicking

There is no shortage of doom and gloom about grain price prospects at the present time. Prices have indeed fallen to quite low levels compared to the high prices that occurred over much of 2008-2013. For some, this is p

Four steps to producing quality baleage
Four steps to producing quality baleage

The use of baleage for forage preservation has gained considerable popularity in recent years according to Ted Probert, a dairy specialist with University of Missouri Extension.

Corn cracked $4 - now can it stay there?
Corn cracked $4 - now can it stay there?

December 18, 2015. That's the last time corn was trading for higher than $4 per bu. Farmers have spent a lot of time since then wondering and worrying when it would make it back.

Crop Progress: Corn planting ahead of 2015
Crop Progress: Corn planting ahead of 2015

According to the USDA's latest Crop Progress report, 4% of corn has been planted as of April 10, compared to 1% last year and the five-year average of 4%.

Soybeans drop after hitting 3-month high; corn, wheat up
Soybeans drop after hitting 3-month high; corn, wheat up

Chicago soybeans fell on Monday in a pullback after hitting their highest in more than three months earlier in the day, as attention started returning to large South American crops.

Considerations for winter injury and winter kill in alfalfa
Considerations for winter injury and winter kill in alfalfa

Main concerns about alfalfa production during this time of the year are the potential for winter injury and winter kill. We have had a pretty mild winter with some cold temperatures and some above freezing temperatures

WASDE: Corn prices to stay below $4
WASDE: Corn prices to stay below $4

Projected U.S. feed grain ending stocks for 2015/16 are unchanged this month with only small offsetting increases for barley imports and exports and no changes to supply and use projections for the other feed grains.

Corn futures favored a weaker tone overnight
Corn futures favored a weaker tone overnight

Corn futures are called 1 cent lower amid profit-taking. Corn futures favored a weaker tone overnight after futures posted a low-range close yesterday.

Are low feed costs helping your profit margin?
Are low feed costs helping your profit margin?

Despite the gap in pace between feed prices and declining milk prices, lower feed costs are helping to support on-farm profit margins.

Are Low Feed Costs Helping Your Profit Margin?
Are Low Feed Costs Helping Your Profit Margin?

Despite the gap in pace between feed prices and declining milk prices, lower feed costs are helping to support on-farm profit margins.

Plan your forage utilization for the coming year
Plan your forage utilization for the coming year

Now that crops are in storage it's time to plan the forage utilization for 2016. It is tempting to rely on previous experience in determining forage needs. However, this can lead to some costly management mistakes

Hay Prices Increase Slightly in the Midwest, Quality Price Gap Widens

Hay prices increased this week in the Midwest by $20 according to Team Forages, an extension division of the University of Wisconsin at Madison. The price spread between the highest quality hay and lowest quality also i

Saudi Arabian dairy buys Calif. alfalfa land for $32M
Saudi Arabian dairy buys Calif. alfalfa land for $32M

Saudi Arabia's Almarai Co , the largest dairy company in the Gulf, has spent $31.8 million to buy land in California to supply its business with alfalfa hay, it said on Sunday.